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German reunication was a positive market access shock for both East and West Germany. Regions that for 45 years had experienced a decline in population due to their loss in market access following the division of Germany of WWII were most strongly affected by this positive shock. We use an...
Persistent link: https://www.econbiz.de/10011538151
The post-communist transition in the former Soviet Union (FSU) cannot be considered entirely successful, especially in the political and institutional spheres. Nevertheless, in the economic sphere, the transition process succeeded in rebuilding the foundations of market economies based on...
Persistent link: https://www.econbiz.de/10015394283
Access to the British butter market was an important issue during British negotiations with continental Europe in the early 1960s. Commonwealth producers enjoyed preferential treatment under the terms of the Ottawa Agreement, and butter exports were of particular importance to New Zealand. This...
Persistent link: https://www.econbiz.de/10013153108
This paper traces the history and the institutional background to the establishment of the Economic and Monetary Union in the EU. It argues that since the establishment of the European Economic Community (EEC) in the late 1950s, attempts at monetary integration and ultimately monetary union,...
Persistent link: https://www.econbiz.de/10014197267
Collection of working documents drawn up for European Parliament's Temporary Committee to consider the impact of the process of German unification on the European Community. Series of working documents brought out by the Directorate General for Research of the European Parliament to assist the...
Persistent link: https://www.econbiz.de/10015320073
Supplement 4/90 to the Bulletin covers the extension of Community membership to the former Democratic Republic on the occasion of German reunification. Two communications from the Commission cover respectively its views on the implications for the Community of unification and of the German State...
Persistent link: https://www.econbiz.de/10015321397
Persistent link: https://www.econbiz.de/10015398981
The economic effects of German unification are first discussed in the context of a global saving/investment model. Next, simulations of MULTIMOD are presented, suggesting for the FRG an initial increase in long-term real interest rates equal to 3/4 of a percentage point, increased output, a...
Persistent link: https://www.econbiz.de/10014396131
This paper advances the hypothesis that the EUS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the US resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative to...
Persistent link: https://www.econbiz.de/10012472989
This paper studies the equilibrium determination of the number of political jurisdictions in different political regimes, democratic or not, and in different economic environments, with more or less economic integration. We focus on the trade off between the benefits of large jurisdictions in...
Persistent link: https://www.econbiz.de/10012473839